In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
"Suncor has built a strong balance sheet in preparation for a lower crude price environment," said Steve Williams, president and chief executive officer. "Our focus on capital discipline has been integral to our financial strength. Most recently, we finished the year $300 million belo... Thursday, February 5, 2015
Jim Simpson, Chair of the Board of Directors of Suncor Energy, is pleased to announce the appointment of Jacynthe Côté to the company's Board of Directors. Ms. Côté's appointment is effective immediately. "I'm pleased to welcome Ms. Côté to ou... Wednesday, February 4, 2015
With oil and gas prices down, it's time to cull the herd, sell marginal producers and double down on the strong ones in your portfolio, says Michael Waring, founder of Galileo Global Equity Advisors Inc. In this interview with The Energy Report, Waring explains that this kind of correction happe... Friday, January 30, 2015
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical. Advanced horizontal drilling and hydraulic fracking for extraction is ... Thursday, January 15, 2015
All Suncor Energy News
The collapse of the oil price has created losers and winners, and like every major movement in a commodity sector, the trick for investors is figuring out which side of the trade to be on. The most obvious victim of the slide in Brent and WTI prices over the last 6 months has been the major oil prod... Wednesday, January 14, 2015